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To p~ace and continuousiy keep on the bu~:d~ngs now w hercafter s~tuate on said land and on all equ~p~nrnt and pe~sona~ly covered by Ihis ma~g~ ~gs, with all premi~ms fhereon pa~d in full, fire iosurance in ~he usual s~andard poGcy iorm, io a sum app~o+ed by t6e MOR(GAGEE, a~d w~nd~torm insursnc~ in the usual standard pol~cy fonn, in a sum approved by the MORiGAGEE, in i~Kh company o- crnp+nies ss the MORTGAGEE may direcl; and aIl fi~~ a~d windstorm insv~ance polic~et on any of sa~d build~n9s, any interes~ therein o~ part the~eof, in the ~gy~egate sum atoresaid a In ~xceu thereof, shall contain the usual stsnda~d mw~gagae clauie o~ such o~her c~ause as the Mortga9ee may requ~re, makiny the Sost u~uie~ aa~d poli- cies, each and every, payable to said A10RiGAGEE as ~~s inte~et~ may appca~, and e+ch and every such polfcy ihall be promp~~y ass gned a~td detivered to sny held by sud MORiGAGEE as (urther security to se~d mort9age debt, and, no~ less than ten (l0) dayi in advance of the expiration of each policy, to dr live~ to said MORTGAGEE a renewal thereof, together with a receipt fw t1x pre~nium of suth renewal; and Ihere shall be no f~re or w+ndsto~m insurance placed on ~ny of said buildings, ~ny interest there~n o~ Fs~t the~eof, unieu in 1ha form and wiih the loss payeble as afwesaid; u+d in the eve~t any sum of monsy becomes payable unde~ such policy a pol~ues uid MORIGAGEE ihall have the op~~on to rece~ve a~~d apply the same on account of the indebted- ness secured hereby w ro perm~t ia~d MORiGAGORS to rcceive and uts i1 or any pa~t dx~eol for other purNOSes. .vlihout ~h~r~u~ wawri3 or u~+pa~r- in9 any equ~ty, lien w right under a by virWe of this mo:tgage; •nd in the event sa~d MORTGAGORS ihall for any reason fail to keep the said p~emisrs so insu~ed, or fail to delive? promptly any of said polici~ of insurance to said MORTGAGEE, w fai! promptly to pay fulty any praniu~n therefw or in any respeci fail to {xrform, dixharge, execute, efiect, complete, co+nply with and sb~de by this covenam, a any par~ hereof, said MORTGAGEE may p~+ce a~d pay fa such insurancs o~ any part thereof w~~hout waiving w afFecting any option, lien, equ~ty, or r~ght unde+ w by virtue of ~h~s Morigage, and the Full ~mount oF each and every such payme~t shall be immed~ately due and peyable snd shall bear interest from the date thereof until paid at the rate o1 nine per ce~tum per annum ar~l together with such interest shall be stcured by the lien o( this mortgage. To permit, tommit w suffer no waste, impairment or deterioration of said property w any part thereof. 5. To pay all and s~ngulu the costs, charyes ~nd expenses, including a reasa~able attwney i fee and costs of abstracta af title, i~curred or paid at eny time by wid MORTGA'v:E, because w in the event of the fa~lure on the part of ~h~ said MORTGAGOR to duty, promptly snd futly perform, d~scharge. executs, e(fect, compiete, canply w~th and ab:de by each and every ~he stip~laiions, agreements, cond~tions, and covena~ts o( said promissory note and ~hcs mortgage any a ei~her, and sa~d costs, chargcs and expenses, cach and every, shall be immedistety due and payable; whether w not there be notice do- mand, attempt to coltett or suit pu+ding; u~d the full arra~nt of eath and e~ery such paymenl shall bea~ interesl from the date thereof until paid at the rote of nine per centum per annum; arw afl said costs, charges and expenses intvrred a paid, togelher with such iNere~1, ~hall be secured by the lian of th;~ mortpage. 6_ That (a) in the event of any b~each of thit Mortgage or default on 1he part of the MORTGAGOR, a(b) in the event any of sald sumi of money herein referred to be not prompt:y and fully paid within thirty (30) days next after )he aame severally become due and payab}e, without demand o? notite, or (c) in the evem each and every the stipulations, agreements, co~ditions end covenants of sa:d promissory note and th~s mortgsge any w e~ther are not ~uly, prompHy and lully per(wmod, dncharged, executed, effec~ed, completed, complied with ar.d abided Sy, then in e~ther or any such eveM the u~d ag~ gregate sum mentioned in said pranisso~y note lhen remaining unpaid, with intcrest accrued, and ali moneys setured hereby, shatl betome due and pay- able forthwith, w thereafter, at the option of said MORiGAGEE, as tully ard compfetely as ii all of the sa~d sums of rnoney were wiginally ttipulated to be pald on such day, anything in sa:d promisao~y note or in this Mwtgage to the contrary notwithstanding; and thereupon w thereafier at the op~ion of iaid MORTGAGEE, without notice o~ demand, suit af law or in equity, therefore w thereafter begun, may be prosecuted as if all moneys secured hereby had matured pnot to As institution. 7. That in the erent that at the beginn~ng of or at any time pending any s~it upon this Mwlgsge, a to iorcclose it, w to reform it, or to enforce payment of any claims hereundr?, said /~IORTGAG:E shall apply to the Cou~t having jurisd~ction thereof for the appo~~tment of a Receiver, such Geurt shall Foithwi?h appoint a receiver of said mortgaged prope?ty a~l and sirgular, inctud~ng aIl a~d singvtar the income, p~oiits, issues and reven~es from whateve~ source derived, each and every of wh~ch, it be~ng expressly understood, is hereby mortgaged as if speGfically set forth and deuribed in Ihe g~anting and h~bendum dauses hereof, and such Receiver shal~ have all the txoad artd effec?ive fvnct~ons and powers in anywise entr~sted by a Covtt to a~.Receiver, and s~ch appointment shall be made by such Court as sn admitted equity and a mauer of absotute righl to said MORTGAGEE, and wiihoul re(erence to the adequacy a inadequacy of the value of the property mortgaged o~ to the so~vency or insolvency oi said MORTGAGOR or the defendants, and thaf such renrs, profits, income, iuues and revenues shall be applied by such Receive~ accord,ng to the lien w equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly ar.d fu{ly perform, d~scharge, exccute, effecr, complete, comply with and abide by each and eve?y the stiputations, agreementi, ; conditions and covenants in sa:d promissory note and this mortgage set fwth. ` 9. That in the event the ownership of the mortgaged premises, w any pa~t thereof, becomes vested in s person other than tne MORTGAGOR, the ~'ORTGAGEE, its successors and ass~gns, may, without notice to the MORTGAOR, deal with such successo~ or successor in interest with reference to this mortgage and ihe debt hereby secu~ed in the same manner as with Mortgagw w~thout in any way vitiating w dixha~ging the Mortgagori liability hcrr vnder w upw~ the debt hereby secured. No sa~e of the premisea hereby mortgaged and no forbearance o~ the pan of the MORiGAGEE w its suctessors or assigns and no extension of the t~me fa the payment of the debt hereby sec~red given by the MORTGAGEE or its succesaws or au~gns, shalt operate to release, d~scharge, modify change or affect the original liab~lity of the NkORTGAGOR herein, either in whole w in part. 10. It is specificatly agreed that time is of the essence of this contract and that no waiver of any obligat~on hereunder or of fhe obligaYan se~ c~red hereby shall at any time thereafter be hcld to be a waiver of the terms hereof o~ of the instrument secured herby. 11. In add.tion to the forego:n9 moMh!y paym~~ts of princ pal and inre~est required by the promissory nore secured hereby, mortgagor covenants and agrees to pay to mo:tgagee with each mo~thiy payrnent an add~c~onal wm esnma~ed by mortgagee to be equal to 1%12 of the annual cost of the follow- ;ng: A-AII real property ta:es lev~ed or asses:ed ayaiost ihc above described real estate. B-Pren;i~ms on fire and windstorm insurar.ce as herein requ~red to be carried on the improveme~ts s~tuate on the above described premises. C-Premiums on such mortgage gua+anty insurance as mortgagee shall from t~me.to lime deem fit to carry on the loan secured hereby. j Mortgagee shail from time to ~ime notiiy mortgagor in writing of the amouM due and payable hereund..~r and such sum shall thereupon be due and I ~:ayable on the due date of the next nwnthly payment and each successive momh thereafter until mortgagee shall not;fy mortgagor of a change in such ; a nount_ Such wms sFaii be app~ied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insurance j p~emiums. Y~ITNESS YNHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ i Si , Scaled and delive~ed ' the p~esence of: ~ ~ al) ~ _ ?hurstOn Ja ~aq ~ . s~aq ~ _ AgA@ t?Oe S (Sea!) ~ S7ATE OF FLORIDA St. Lucie ~ couNn oF Befwe me personally appea~ed nl~ StOII James end Agnes James h~: wife, to me well known a~d known fo me to be ~ the individuafs described in and who executed the foregoing instrumeM, and atknowledged before me that they executed the same fa the purposes therein expressed. A~d the said Agnes JaaQs ~v~fe of the aaid ?hurston Jases upon a separate and priyate ~ eaamination by me taken separate and apart from F~er said husband, ack and before me that she executed said instrur~~~fi~l~~~vo1uA- r~rily and without any compu:san, constraint, appreh ny;qyior fea~ o from her husband. ~j~ ~ ~q ~ WITNESS my hand and official seal this_ day of ~`D~.Td~.. ~ ; ~j;~'~~ • ~ ~ \ N ~~C/~ 4i-~ „ Notary Publit in and for the StatD Oori at ~irye ' :;i My Commission expires: = Q~ w ~ ~-~j ~ • ~ Return To: ~ ~ ' ~ ~ ; ~ ~ r ~ ,f,. ~J . ~ fint Federal Savings b loan Association 7. c~ ' ~ Of fort P;e:ce. ' r ; t", $?'?c ,.r rlC4r,tin at'fiSr~;E•~~''.....••.•~ z; fort Picrce, florida ' `i 7. Ij4'1' ` aSTk: C~t.~~+~2 ~ - . . c:j'n,,,,~,~r.~~~a~~•• ` ~ ~ f- ~ ~ This Instrument~trepared By Gary F. Bllrrood FtLEO n+~i+ ~E~J~t~fO First Federal Savings & Loan Association ST. LUCIE CCt~i1TY FLA. of Fort Pierce ~ Rlorida RG~;c- *'"'TRAS CLiF,r .t,;:si CCJRt 256481 ~ _ P,=^.C~~.;;'iF~.F EC~ Checked By aoox~~J ~ ~1 9 34 AM~'73 ~ ~ ~ sb Ya F ~ ~~f _ . ' ~ _ _ . _ . _ _ _ _ e F ~l~~ . w ~"~S~~ ~,.g"}5, ' •'s~-} . ' d G ~ . .X - - ' ~ . . ~ ~~'3 ~k`:-u ~ 3~f"`--"~ _ . .~_~~•~~:~'rn."-x'~~" ; _ ~~~=x~